Economy

In view of the better-than-expected outturn in the Philippine economy, we have revised our fiscal projections upwards. We now forecast the 2010 and 2011 fiscal deficits to hit 3.9%... 2010-09-02

We are optimistic about Indonesia's long-term economic prospects, noting that the country has an abundance of natural resources and a large domestic consumption base. In line with our... 2010-09-01

We are projecting the Singaporean government to run an average budget deficit amounting to 0.7% of GDP from 2010-2014. The Singaporean government has generally employed a prudent budget... 2010-09-01

Despite the large increase in Indonesia's capital budget allocation for 2011, we are not convinced that there will be a commensurate jump in capital expenditure, noting that budget... 2010-08-17

Indonesia's inflation rate has been ticking up over the last six months, with the latest data indicating that consumer prices rose by 5.1% y-o-y in June (the highest figure in 12 months).... 2010-07-29

Inflation is unlikely to be a threat for Singapore over the coming two years. Indeed, our core scenario anticipates slowing growth in key economies including the US, Eurozone and China... 2010-07-29

Although Singapore's real GDP growth in Q210 is likely to maintain a strong trajectory, the same cannot be said for the second half of 2010. Indeed, we are projecting a slowdown in... 2010-06-30

Given our long-term bullish view on Indonesia's economy, we are forecasting a broadly strengthening trajectory for the rupiah over the next 10 years, taking the currency from IDR9,400/US$... 2010-06-30

Bank Negara Malaysia raised the overnight policy rate (OPR) by 25 basis points to 3.00% in May, the first interest rate hike in 2011. The latest move was unsurprising, as inflationary... 2010-06-06

The Philippine peso has strengthened considerably since hitting a low of PHP44.58/US$ in January, and is currently trading at PHP43.15/US$ (as of early June). The latest appreciatory... 2010-06-06